County of San Luis Obispo

Exemptions for Low Value Assessments

What is this service?

The County Board of Supervisors has determined that the total taxes collected on certain low value properties would amount to less than the cost of assessing and collecting them. As a result, the Board has exempted from property tax the following property types:

All real property with a base year value less than or equal to $2,500.

All business/personal property with a full cash value less than or equal to $5,000.

All locally assessed manufactured homes and associated accessories valued at less than or equal to $5,000.

All Possessory Interests with a base year value less than or equal to $5,000.

In addition to those property type exemptions, the Board has found that it is not economical to enroll a supplemental assessment billing of $50 or less. As a result no bills are generated on supplemental assessments in which the billing amounts to $50 or less.